>> i would put a lot of energy to hide developing an energy -- a relationship where i could push back on china with things we think are unfair. we have done that in china and will continue to do that. >> senator to me. >> good to see you. i wanted to follow-up on the conversation we had in my office a week or so ago. i am concerned about the applications the effects of this huge new series of regulations, most of which emanate from god rank -- from dodd-frank, we have seen regulations and they are not close to being finished. when jamie diamond question chairman bernanke about the cumulative effect of all of these new regulations on the availability of credit and job growth, chairman for next -- chairman bernanke acknowledged i do not really know what the cumulative effect would be and do not have a way of understanding that. you will arguably be the most powerful financial regulator in the world and have a great deal of influence. what are your thoughts about how we ought to think about the unintended and adverse consequences of this massive new wave of regulations. i am particularly